Thermal Energy International Inc V.TMG

Alternate Symbol(s): TMGEF

Industrials

Thermal Energy International Inc. provides energy efficiency and emissions reduction solutions to the fortune 500 and other multinational companies. It operates primarily in North America and Europe but also sells its products and services through representative agents throughout the rest of the world. It markets, sells, engineers, fabricates, constructs, installs and supports two technology lines, such as heat recovery solutions, including direct contact heat recovery solutions (FLU-ACE), indirect contact heat recovery solutions (HEATSPONGE and SIDEKICK), and condensate return system solutions (GEMTM steam traps). It is also developing several other technology lines, including low temperature biomass drying systems (DRY-REX). Its solutions can recover up to 80% of energy lost in typical boiler plant and steam system operations. It has two primary operational bases of operation, one in Ottawa, Canada and the other in Bristol, United Kingdom, covering Europe and the rest of the world.

TSXV:TMG - Post by User

Thermal Energy International Inc > Lack of Purchase order on regular basis

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Comment by AlbertESGon Feb 28, 2024 9:20am

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Post# 35903434

RE:RE:RE:RE:Lack of Purchase order on regular basis

PDA signings or any kind of news. From Sep to Jan, there were at least 2 NR's per month, and the share price rose in lockstep. There has been nothing in Feb and the share price is suffering accordingly. It's pretty simple math. NR's = higher prices. Maybe it's because everyone has ADD from too much screen time, and if they don't hear from a company in a while, they assume nothing is happening.

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